l think the best way is to keep it simple.so dont read so many news when you are trading.dont watch for signals around internet.l did all and l always loose.they will make you confuse always.just only follow your system.and simply only look at the pure results of the news and watch the charts if how they act.keeping on reading on the internet may make you crazy :)
in the trade I always use the signals generated from the analysis that I do, I just made the analysis or the signal maked by other as a reference. doing so will make me become an independent trader.....
i usually try to make my own analysis because its good of you have the caliber to make your own analysis because you can't take anyone's analysis in this field its because may be at that time the market have some other face so its very hard.
I dont trade on borrowed advices nor i feel it wise, i do make my own decisions depending on the news and past market movement charts etc. and i am quite satisfied with that some time i read analysis by experts on forums but dont trade on that until i cross anlayise it.
main to sahi baat ha k apne khud k analysis par he depend karta houn kioun k mugh ko pata ha k main ager kisi or k analysis use karoun ga to mugh ko loss ho sakta ha es liye main to apne khud he k analyisis par he depend karta hounQuote:
Originally Posted by xiaotanghao
In order to be a successful trader you have to make your own decision and trade depend on your own analysis, for me I trade depend my own decision and my own analysis, and I get a confidence in my self doing this.
I make my own analysis in forex trading. Why i go to depend on others analysis when i can make a suitable analysis for me? Basically i trading in forex when London market open.
I learned early in forex, I often pay attention to the analysis of others through the website, Namu is often the analysis is wrong and causes great losses. However, when I did not follow, the analysis is actually true. So now, I often see other people but the analysis is supported by a personal analysis
I normally do my own analysis based on few indicators and techniques. I'm analyzing the COT report in the weekend and see the news releases every morning. Then once i have done that go through some reports published by some brokers also. Refer forexpros analysis as well.
i usually use my own analysis and make it as my frist choice but when i get hesitate in my mind i have to share my problem and wait until i get the right answer but always the final results , i have to compare them first ..